The formal models of a creative economy revolve around these tacit assumptions: (1) all innovations are equally important for economic growth (equipollent innovation); (2) all innovations occur in one sector only (confined innovation); and (3) there are no innovatory discontinuities ( unruffled innovation).
History
Citation
Pol, E. (2006). Tacit assumptions in the analysis of a creative economy. 5th Global Conference on Business & Economics (pp. 1-15). USA: Association for Business and Economics Research.